Thursday, August 26, 2010 1:22:41 PM
Chart wise, that means only that SRSR has spent a bit more time bumping along near the lower end of the short term trading range... apparently waiting for some resolution of "whatever the issue was" that appeared to be reflected on the charts coincident with the "break" from prior patterns... that occurred in early April, roughly coincident with "news" that seems likely to have already provided the company's response to whatever that "issue" was ?
That leaves you still not knowing what it was that took the share price history off of the track of irrational (?) market expectations that it should have more or less mechanically followed prior chart patterns, which suggested it should have begun a more energetic move higher in early April ???
It still appears to me, just from reading the charts and correlating them with the news we do have, that "someone" seems they thought they'd crafted an effective obstacle for SRSR... which they were apparently surprised to find out, with the April news, wasn't even much of a speed bump...
So, now, we see that since April SRSR has had an advisory board... and, more recently, has added the benefit of having Dahlman Rose working as part of the team ?
I don't imagine that my "read" of that situation, means that SRSR is in any less good position now...
Instead... it appears to me that SRSR has been actively shedding a bit of dead weight from some overly heavy baggage, paring dead wood, while getting ready to accelerate, apparently expecting to see some rapid growth in new shoots, soon...
I've not been reluctant in expressing my opinion, that I'd rather have Scott take the time to do things right... instead of respond to those sorts of pressures improperly.
I agree with you that it really isn't posting on IHub that makes any difference in these sorts of things. We're three months past that point in April where that "break" in prior chart patterns clearly occurred... and it seems we're only just now, maybe, getting around to figuring out what the charts suggest about the probable (??) nature of and sequence in events back then ?
I think Scott has the stick well in hand. If it is the case that he successfully fouled off a really bad pitch in April to protect what he needed to protect... I don't think that says anything at all about what will happen next, when we see a hanging fastball coming right over the center of the plate.
JMHO
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